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Re: Ben.sotechnical post# 1667

Monday, 08/24/2020 4:33:05 PM

Monday, August 24, 2020 4:33:05 PM

Post# of 1889
OK here is the SCOOP!!!

hope you noticed last week there was no trading???
And Ben.sotechnical was going on about ACTIVE trading, shorts and bad market management!

so how does a no Trades week fit into this idea of Active trading to get on the big boards?
Anyone checked out the Nasdaq rules for a pink sheet stock to get on the Nasdaq?
and
What are the tiers of Nasdaq?
What are the requirements?

OK.....

remember a few weeks ago I pointed out mysl.pk (pink sheets)
was gone and now MYSL.BB was active!
pointed it out with dates,2nd and 3rd quarter!......
now when you search for mysl.pk you get the answer mysl.pk does not exist only mysl (mysl.bb) can be found (lots of brokerages/financial houses,browsers do not change til public trade time)!
answer
exchange/stock markets all have rules!
there is a time and place for everything.
look under Nasdaq rules.... takes time to process(confirm) information!
Exchange is a computer!
Computer knows all, knows all about tier (levels) and what information is required.
Computer logic gates its either yes or no..... no maybe!!!
Humans operate/put in information to get a logic response!
logic gate mysl has information! different times with different requirements.

NASDAQ Listing Requirements - IPO Watchlist
NASDAQ Listing Requirements As one of the most technologically sophisticated exchanges in the world, NASDAQ is looked upon as a global leader in terms of market integrity and reliability. NASDAQ, which “trades more U.S. equities than any other U.S. exchange” , has long been a favourite for tech businesses and start-ups eyeing an IPO.

nasdaq-listing-requirements
https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/

To be listed on the NASDAQ exchange and reporting system, the following requirements:

Shareholders Equity of at least $2,000,000
At least 100,000 shares of public float
A minimum of 300+ shareholders
Total assets of $4,000,000
At least two market makers
$3 minimum bid price of the company stock
Public float market value of $1,000,000

nasdaq-listing-requirements for global trading
Nasdaq listing requirements for global trading!

Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more than 10% of the company.
Also, the regular bid price at the time of listing must be $4.00, and there must be at least three market makers for the stock.
However, a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements.
Each listing firm is also required to follow NASDAQ corporate governance rules 4350, 4351 and 4360.
Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.

research links and read everything...... after digesting and understand information you should understand what is going on.
seriously please read all links or whatever information u have....
its money....read a few times seriously.

Then you will know whats happening and not waiting to drop the arm of that "one armed bandit" that you keep give your money to !!!
real companies are produce from the garden....
you have to nurse, tender to then daily, right food and lots of water.
all treated different, special, it take time to get the best out of the crop you grow.
Just like a company....nurtur the company's business and treat like a garden or kid and get the best business/crop out end of season

hope you follow links
this is who, what, when, where, why and how is found!
read all my posts to see what you have been missing!!!

like I have said this is a big board stock... triple digit value with maybe a double digit opening.
within 2 years 4 digit stock value.....

Ben.sotechnical
pays to play with DD





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